11 NOVEMBER 1865, Page 2

A correspondent of the Telegraph, who writes from the Parana,

says Uruguayana is not yet taken,that bitter dissensions exist among the allies, that numbers of persons belonging to Uruguay have joined Lopez, and that the Brazilian soldiers are dying in heaps of actual hunger and exposure. If these statements are true, and the writer is not favourable to Paraguay, the Emperor of Brazil may yet be forced to retreat, and Lopez carry out his true object, to take posses- sion of Rio Grande, enter into a strict alliance with Uruguay and Corrientes, and thus hold the Parana from Paraguay to its mouth. The slaves will all be liberated, and a great trade in the produce of the interior established with Europe.